What investors need to know about new mining rules in top cobalt producer Democratic Republic of the Congo.
Articles Tagged "cobalt production"
The DRC has imposed a ban on exports of copper and cobalt concentrates to encourage more value-added production.
Glencore is making a bet on Zambian cobalt — will other miners move to tap the nation’s significant potential?
Bloomberg reported that the DRC Katanga province, which is home to a large chunk of the world's cobalt production, is in the midst of a humanitarian crisis.
Reuters reported that cobalt production fell in Zambia in 2012.
Mirabela Falls Short in Q4, on Track for 2012 Guidance
Mining Weekly reported that Katanga Mining is drawing down $515.5 million from its senior secured facility backed by Glencore to fund part of the Phase four expansion of Katanga's copper/cobalt mine in the DRC.
Bloomberg reported that the IMF has halted Congo’s $532 million, three-year loan program over controversy that the DRC would not publish details of a 2011 mining deal.
Bloomberg reported that the IMF is considering the possibility of extending a three-year, $531 million loan program to the DRC after the government released partial details of a controversial 2011 mining deal.
The Sydney Morning Herald reported that rebels have pulled out of the strategic city of Goma as pressure mounts from the U.N. to withdraw foreign support.